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Originally Posted by AlphaTrader
Hey persian,
Ref books, well there is a web site that has a whole heap of books to download for free, some one here posted it once so i dont wanna take the credit for it. Its http://www.savefile.com/projects.php?pid=868431 . There is a book about fibs as well. I think. Also try p2p to get more books 
Anyways i know your system, it quite a good one to start out on.
The broker uses MT4 tradeing platform as well as one of there own. Try them both but MT4 is the way to go. What software are you useing now??
Have a good one |
Thanks Alpha
Have been busy downloading the files you referred. some of them I had previously found on p2p and some, which I must say seem interesting, I have not seen before. I shall spend the Christmas break doing my reading. The book about fibs is indeed the type of thing I am after. I know the basics, it's the indicators I need help with and in particular their interaction and the use of multi-indicators. The more I look at Forex the more I put back my plans to go live, because I realise there is yet so much to learn.
Regarding 'my system', I ought to point out it's not mine! It belongs to someone else, but I am following it because I think it has potential. I just tweaked it a bit and judging by this weeks bloodbath on the EUR and GBP, I shall be tweaking it much further.
My
demo account is currently at a loss, albeit only 12% down. I do not see the point in going live until I have consistently maintained a demo account into profit. By the way, yes I am usuing MT4, but I know nothing about programming and indeed have quite a few questions about it too!
Thanks again
pk
